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Small Business Owners Brace for Trump’s Proposed Tariffs

Small businesses are bracing for stiff tariffs that President-elect Donald Trump has proposed as one of his first actions when he takes office.

December 3, 2024

Trump Remains Opposed to US Steel Sale

President-elect Donald Trump reiterated his opposition to the sale of U.S. Steel Corp. to Nippon Steel Corp., saying he’d instead use tariffs and tax incentives to revive the steelmaker.

December 3, 2024

I-95 Bridge in Connecticut Reopens Months After Fiery Crash

NORWALK, Conn. — Exactly seven months after a blaze consumed the Fairfield Avenue overpass spanning Interstate 95, the bridge reopened to traffic in roughly half the expected time.

December 3, 2024

Germany Assumes $629M in Northvolt Debt After Insolvency

Germany will assume more than 600 million euros ($629 million) of debt that its development bank extended to Northvolt AB for the construction of a battery plant in the country.

December 2, 2024

Ex-TuSimple CEO Hou Seeks to Liquidate Company’s Assets

TuSimple co-founder and former CEO Xiaodi Hou, who claims to be the company’s largest shareholder, is also seeking judicial aid in an increasingly bitter spat with former colleague Mo Chen.

December 2, 2024

Cyber Monday Shoppers Expected to Set a Record

Adobe Analytics expects consumers to spend a record $13.2 billion on Dec. 2, 6.1% more than last year. That would make it the season’s — and the year’s — biggest shopping day for e-commerce.

December 2, 2024

Rising Fuel Taxes to Hit Three States; California Warned

While no specific tax increase is taking effect in California, at least two state lawmakers are raising alarm about a set of regulatory and business circumstances that could send pricing soaring.

December 2, 2024

US Commits to $7.54B Loan for Stellantis EV Battery Plants

Stellantis and joint venture partner Samsung have won a commitment from the U.S. government for a loan worth up to $7.54 billion to help build two electric vehicle battery plants in Kokomo, Ind. 

December 2, 2024

Canada Tells Trump Its Border Differs From Mexico’s

TORONTO — Canada’s ambassador to the U.S. said Prime Minister Justin Trudeau was successful in getting President-elect Donald Trump to understand that lumping Canada in with Mexico is unfair.

December 2, 2024